21Shares Hyperliquid ETF Debuts With $1.8M in Trading Volume

May 13, 2026 - 10:15
21Shares Hyperliquid ETF Debuts With $1.8M in Trading Volume
While called a “very solid day” by analysts, the $1.8M volume sits well below other recent ETF launches, such as Morgan Stanley’s. The first US spot ETF tracking Hyperliquid’s HYPE token started trading on Nasdaq on May 12, 2026. The fund, ticker $THYP, comes from 21Shares and pulled in $1.8 million in trading volume and...

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